More

"The biggest correlation to industry valuations is financial leverage, not what basin they are operating in or how they are hedged," said Robert Santangelo, co-head of Americas equity capital markets at Credit Suisse. Investment-grade rated Noble sold 21 m shares overnight Wednesday via Goldman Sachs and JP Morgan at $47.50, in the upper half of the $46.50-...

NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose. 8 percent to $34.50 with 22,938,400 shares traded. Bank of America Corp. fell 2.7 percent to $16.04 with 138,825,000 shares traded.

Chevron and Exxon Mobil were among the biggest decliners in the Dow Jones industrial average, which eased back from its latest all-time high. Benchmark U.S. crude oil fell $2.82 to close at $48.17 a barrel on the New York Mercantile Exchange. Among individual Dow members, Chevron lost $1.52, or 1.4 percent, to $107.06 while Exxon Mobil slid 95 cents, or 1.1 percent, to...

THE WOODLANDS, Texas _ Newfield Exploration Co. on Tuesday reported fourth-quarter net income of $360 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share. Analysts expected $548.3 million, according to Zacks.

Jan 13- Oil and gas producer Newfield Exploration Co said it would retain its assets in China, saying a slump in oil prices had created "headwinds" in the sale process. "The recent and significant pull back in global oil prices created headwinds for our China sales process... Hong Kong- listed oil trader and shipping firm Brightoil Petroleum Holdings had held talks...

Jan 13- Oil and gas producer Newfield Exploration Co said it plans to retain its assets in China. The recent drop in crude oil prices could create headwinds for the sale of the assets in China, the company said. Oil tumbled 5 percent to near six-year lows before recovering ground on Tuesday amid a supply glut.

NEW YORK, Dec 31- U.S. stocks were modestly higher on Wednesday, putting major indexes on track to end 2014 near record levels, though energy shares once again fell alongside crude oil prices. Crude oil lost 2.2 percent, the fourth drop of at least 2 percent in the past five sessions, putting the commodity at its lowest since May 2009. Among the day's biggest losers,...

NEW YORK, Dec 31- U.S. stocks were modestly higher on Wednesday, putting major indexes on track to end 2014 near record levels, though energy shares once again fell alongside crude oil prices. Crude oil lost 2.6 percent, the fourth drop of at least 2 percent in the past five sessions, putting the commodity is at its lowest since May 2009. Among the day's biggest losers,...

NEW YORK, Dec 29- U.S. stocks edged higher in a thinly-traded session on Monday as the market's recent upward bias continued and put the Dow on track for an eighth straight daily advance. The Dow's seven-session streak is its longest since March 2013. I don't see anything... that could derail or upset the market, "said Mark Martiak, senior wealth strategist at Premier...

*Discounts, online buys hurt Thanksgiving weekend sales. NEW YORK, Dec 1- U.S. stocks fell in early trading on Monday as manufacturing growth across Asia and Europe eased in November, while consumer stocks were pressured as Thanksgiving weekend in-store sales failed to impress. Industrials were the worst-performing sector in the S&P as the U.S. manufacturing...

NEW YORK, Nov 28- U.S. crude tumbled 10 percent in its biggest one-day drop in more than five years on Friday, and benchmark Brent broke below $70 a barrel, as OPEC's decision not to cut output sent oil traders and analysts scurrying to find a new trading floor. I think people are either going to drive it down further or just let the market collapse, "said Tariq Zahir,...